Deciding on a lucrative concept for your next business could be very tricky. Unless you have previous experience in specific industries, it can be hard to know whether you’re making the right choice. As there is so much emphasis on saving the planet these days, it’s a good idea to select something others would consider to be eco-friendly. There are lots of benefits to that. Not only do you stand a better chance of making high profits, but you’ll also do your part in preserving the earth for future generations. The UK government will soon implement new taxes and fees for companies that produce toxic chemicals and dangerously high emissions. For that reason, opting for a green business solution could be the best thing you do this year.
As with any business idea, you’re going to need some investment to get started. Up until a few years ago, your bank would have been the first port of call. However, they are now hesitant to lend cash to anyone without a previous track record of success. Considering that, you’ll need to start thinking outside of the box. Do you have enough savings to fund your new venture? If so, you’re best option would be to use them. If you don’t have any cash in the bank, you should contact private equity firms or look towards crowdfunding. People are more inclined to give you donations if they feel you are doing something good for your local community.
Business idea #1: Allotments
Purchasing some land and turning it into multiple allotments that can be rented by the public is a great way of making money. You won’t have to deal with the upkeep of the land because those using it to grow vegetables and fruit will handle that. This business suggestion is fantastic because it allows people living in your local area to cut back on the amount of GM foods they buy at the supermarket. Everyone agrees that growing your food the organic way is preferable to purchasing anything that has been mass produced.
Business idea #2: Farming
Farming is a good business idea for the same reasons we’ve just listed. However, it’s you who will be growing your food and becoming self-sufficient. You’re going to need a large area of land to make this suggestion profitable, and that means you’ll require a lot of cash. As farming is a lifestyle choice, you could raise the bulk of the funds you need by selling your family home. You’ll also want to purchase all the best equipment to ensure you can perform your duties effectively. To cut back on expenses, it will be wise for you to buy all your machinery second-hand. Just search online for a good tractor and plant trader websites for the best prices.
Business idea #3: Green landscaping
There are lots of companies around that deal with landscape gardening. However, most of them create outdoor spaces that require a lot of attention. By starting a green landscaping business, you could help others to construct an outdoor area that look appealing, but doesn’t need so much water, etc. Synthetic turf is a brilliant way of reducing the amount of work a garden will need. Also, drought-resistant plants and trees that are well maintained with tree trimming and placed in the right locations can make a huge difference. Just make sure you market yourself properly as this is a lucrative niche.
Business idea #4: Recycled fashion
Presuming you have a keen eye for design, and you love to follow all the latest trends, starting a recycled fashion firm could be ideal. A lot of people do give their old clothing to charities these days, and that is a good thing. However, thousands of tonnes of good quality garments still reach our landfills each and every year. You could make a lot of money by sourcing these items and turning them into cool new products that trendy students and professionals will adore.
Business idea #5: Eco-consultancy
Most business owners are dreading the new rules our government plan to implement over the next few years. For that reason, they are more than willing to spend money on expert advice about how their company could reduce emissions. So long as you have lots of knowledge in that area, you could make a killing by providing all the guidance they require. The best thing about this business idea is that your days will be varied. Some mornings might be spent performing video conferences with clients. Some afternoons might be spent traveling around to different companies and assessing their processes.
Business idea #6: Bicycle repair and refurbishment
One of the best ways to save the planet involves removing as many cars as possible from our roads. Not only does that reduce the amount of dangerous chemicals in the atmosphere, but it also means limiting the amount of oil we use for commuting. Starting a business in bicycle repair and refurbishment could encourage more people to travel to work the old fashioned way. Also, you’ll be able to offer your products for much cheaper prices than people would pay when purchasing them from a high-street supplier. You can get some very appealing and custom designed Custom Surface Mount Bike Racks and install them outside of your business. Anyone will be able to instantly discern what your business is all about with one quick glance, which is great for business.
Business idea #7: Recycled computers
Lots of potentially harmful substances are used when building computers. That means we can’t simply bury old ones in the earth like we do with so many other products. With that in mind, you could earn a significant wage from starting a business that recycles computers. Many of the components inside can be used for alternative means. You might even like to refurbish some of the machines you buy and sell them back to the public.
Having read to the end of this post, you should have a good idea about which eco-friendly business you would like to start over the coming months. Promotion and advertising are always tricky, but you’ll have a lot more luck if your company is doing something that benefits everyone else. Whatever you decide to do, we hope you make a success of your new business. Just make sure you do a lot of research into your chosen industry before investing any of your capital.
